Catherine Boyle
CNBC.com
November 3, 2011
Greek Prime Minister George Papandreou is facing calls for his resignation, as he chairs an emergency cabinet meeting.
His PASOK party was thrown into disarray on Thursday morning after a series of defections left it without a majority in the Greek Parliament.
After a number of PASOK MPs declared that they would not support the referendum on the latest bailout deal for Greece, Papandreou was left with the support of just 149 MPs in a parliament of 300.
Opposition politicians are now calling for him to step down and for a new coalition government to be formed, before early elections.
“It is critical that the country’s political forces agree to the creation of a national salvation government,” PASOK politician Dimitris Lintzeris told reporters Thursday morning. “Papandreou is past.”
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